UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_________________
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
_________________
Date of Report: December 7, 2007
(Date of earliest event reported)
TEMPLE-INLAND INC.
(Exact Name of Registrant as Specified in its Charter)
Delaware |
001-08634 |
75-1903917 |
(State or Other Jurisdiction |
(Commission |
(IRS Employer |
1300 MoPac Expressway South, Austin, Texas 78746
(Address of Principal Executive Offices, including Zip code)
(512) 434-5800
(Registrant's telephone number, including area code)
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240. 13e-4(c))
Item 8.01. Other Events.
On December 7, 2007, Temple-Inland Inc. issued a press release announcing that its Board of Directors declared a special cash dividend of $10.25 per common share, payable on December 21, 2007 to Temple-Inland stockholders of record as of the close of business on December 12, 2007. As previously announced, the special dividend represents a portion of the proceeds from the Companys non-recourse loan secured by the installment notes received from the sale of its strategic timberlands. The special cash dividend is in addition to the previously announced regular quarterly dividend of $0.28 per common share payable December 14, 2007, to stockholders of record as of the close of business on November 30, 2007. The press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
Item 9.01. |
Financial Statements and Exhibits. |
(d) |
Exhibits. |
|
99.1 |
Press release issued by the Company on December 7, 2007, announcing a special cash dividend of $10.25 per common share. |
SIGNATURE
Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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TEMPLE-INLAND INC.
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Date: December 7, 2007 |
By: |
/s/ Doyle R. Simons |
|
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Name: Doyle R. Simons |
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Title: Executive Vice President |
2
EXHIBIT INDEX
Exhibit |
Description |
Page |
|
|
|
99.1 |
Press release issued by the Company on December 7, 2007, announcing a special cash dividend of $10.25 per common share. |
4 |
|
|
|
3